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Wednesday, January 28, 2015

Gartner: Connected Cars To Hit 250 Million

1-27-2015

By 2020 the number of connected cars on the road will reach 250 million according to a study by Gartner and reported in eWeek. Connected cars will become the largest sector in the growing "Internet of Things" sector. Gartner says that approximately one in five cars will have wireless connectivity of some sort or another in five years.

The connected car feature is already moving from being a luxury and premium add-on into the mid-range sector in cars. Vehicles have become the focus of connected expansion from both automakers and tech companies. Nvidia is one of the latest tech giants to join Google, Intel, and Ford into the connected car space, moving their focus at this year's CES from gaming to cars.

Gartner states in their new research that the connected vehicle market between 2013 and 2018 will grow about 25 percent per year. To put that into perspective, that's nearly 21 times the expected growth rate of traditional mobile voice and data services.

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